Since the token has not been officially announced by Mark Zuckerberg, this token is a scam and at best a high-risk investment will lead to loss. Be careful of people who promote such investments.
This is a scam that they didn't even bother to remove the Trump coin wrapper and replace it with Mark Zuckerberg, plus the word fight is not associated with Mark and he doesn't have a positive attitude towards cryptocurrencies.Since the token has not been officially announced by Mark Zuckerberg, this token is a scam and at best a high-risk investment will lead to loss. Be careful of people who promote such investments.
Just like the many Elon memecoins and even those tying up with the name of Trump and MAGA, these are not officially released and endorsed coins but can just be categorized as fan-based memecoins taking advantage of someone's popularity with the hope of making some big bucks along the way - both for the devs and the early supporters.
Since the token has not been officially announced by Mark Zuckerberg, this token is a scam and at best a high-risk investment will lead to loss.Most of the time trading or interacting with newly launched meme coins are basically at your own risk especially if you are not an experienced person in the Meme coin ecosystem. The thing is these days faking a coin has basically become so easy that you find out that almost every meme coin out there has a double and a fake double to be precise.
Be careful of people who promote such investments.
This is a scam that they didn't even bother to remove the Trump coin wrapper and replace it with Mark Zuckerberg, plus the word fight is not associated with Mark and he doesn't have a positive attitude towards cryptocurrencies.
Looks suspicious, could something like this cause major legal problems? Considering that it uses someone else's name for personal gain... wouldn't this also affect someone's reputation?
Judging from the responses from friends here, it seems that many have realized that this token is most likely a scam token... it's common in the memecoin space, where many people will take advantage of and imitate something that has just skyrocketed.
Looks suspicious, could something like this cause major legal problems? Considering that it uses someone else's name for personal gain... wouldn't this also affect someone's reputation?Usually, tokens are created with the usage of mimicking the names of influential names in the memecoin market but it is not exempt from legal implications. If a person produces, sells, utilises someone else’s name without his/her consent, then it might be violation of either the copyright law or defamation law depending on legal regimes of the country. Actually, such cases result in new investors being scammed, which only negatively affects the growth of the ecosystem. This is why more education of people and stricter punishment to project that are clearly made to exploit trends is the only solution.
Judging from the responses from friends here, it seems that many have realized that this token is most likely a scam token... it's common in the memecoin space, where many people will take advantage of and imitate something that has just skyrocketed.
This will fail, obviously; it's not coming from Facebook and just some random developers trying to create their own cash cow out of Facebook developer Mark Zuckerberg.it has already failed if you search it up you are gonna have to be specific that it is a cryptocurrency otherwise it will not come up that is how unpopular it is and now as i just searched it up its marketcap is at $19k with trading volume of $0 if those are not signs that this is a project that ended up dead then i do not know what it
People should not just take whatever meme that comes out of the market; this is a short-term project to extract money because there are legal implications if ever this meme stays on.
Just like the many Elon memecoins and even those tying up with the name of Trump and MAGA, these are not officially released and endorsed coins but can just be categorized as fan-based memecoins taking advantage of someone's popularity with the hope of making some big bucks along the way - both for the devs and the early supporters. Just like in the real world, the cryptocurrency industry and specifically the memecoin sector are plagued with copy-cats though there are some that made it to the moon but many just end up with nothing on their bags. I am not a big fan of Mark Zuckerberg and his Meta business so I am not biting this one but then I am hoping it can gain some traction and success in this very open crypto market. By the way, Mark Z. was actually an enemy of Trump before until he realized that he is winning and then he made a turnaround (LOL).Speaking of Zucker's past, I am also not a big fan of his. The big reason is that he collapsed his first investor's (Eduardo Saverin's) shares from 33% to 0.33%, as shown in the movie (documentary). Although he is still doing good, I still do not understand why he did that. I also heard that on Christmas Eve, Zucker called a meeting, and one of his employees refused, and he fired him.
Seeing this should not be a surprise anymore to us, because we already have a numbers of related tokens that have impersonated on the names of these public figures and they perform nothing at the end, just type the coin trump and see the numbers that will appear on you, same applies to this one and some other prominent names, after all, this was not verifies from his official handle and if it was, i cant still invest because I've learnt a lot from Trump coin.
Since the token has not been officially announced by Mark Zuckerberg, this token is a scam and at best a high-risk investment will lead to loss.Lots of oddities in this cryptocurrency, including taking the names of others, especially famous people like Mark Zuckerberg. Maybe their intention is to attract a lot of interest to buy a $ zuck meme token.
Be careful of people who promote such investments.
This will fail, obviously
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Lots of oddities in this cryptocurrency, including taking the names of others, especially famous people like Mark Zuckerberg. Maybe their intention is to attract a lot of interest to buy a $ zuck meme token.
When referring to the profiteering of the names of people without the real permission of the original owner, usually in our region we will get punishment from the government and the fine is also quite expensive. Maybe in cryptocurrency does not apply to the law because it could be the creator of this $ zuck token privacy.
In conclusion, it might be better to avoid strange tokens that do not have official listings or announcements from famous people so that we can save our funds from scammers.